1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

Sonny Bonds

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I'm novice, so I have to ask.

What's staking? What is restaking? I think I understand staking, but not restaking.
 

mannyrs13

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I don't know if it was Roaring Kitty or who the hell dumped the market like that. And as I had bought some stuff recently thinking things were gonna get better. Hopefully things stabilize thru the weekend and get back on track for Monday. So many in double digit percentage drops. Crazy.
 

mannyrs13

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I'm novice, so I have to ask.

What's staking? What is restaking? I think I understand staking, but not restaking.

Restaking is like compounding. Say you have 1k coins staked at 10% interest annually which is 100 coins. Instead of taking those 100 coins at end of year, they are restaked and then your interest is on 1100 coins instead making 10% be 110.

The interest rate given plus the frequency of restake have an effect on the growth as well as how many you have.

Staking is just lending then your coins to help grow the protocol. Some let you take it out right away, others it takes time. Like for atom I have a 21 day wait so I gotta plan accordingly.
 

Slimkid07

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Any of yall in $BOBO? Strong chance it touches a billion soon. Market cap is around 150m. might be too rich for some of you to drop a bag. but, i figured i’d throw it out there.

:yeshrug:
I have a tiny bag.
$KENDU is another one that has a lot of hype too.
I think it almost doubled since I mentioned it earlier.
 

Ɀoᥱɣ

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Called $Brett 3 months ago Im calling PEPExNOVA now for 7/10 confidence for decent flips.
You follow Crash too? I hate I didn't find him earlier and what x do you think PEPExNOVA can do? I have another $2500 to invest and want atleast a 50x-100x within 12 months if possible.
 

Ɀoᥱɣ

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Any of yall in $BOBO? Strong chance it touches a billion soon. Market cap is around 150m. might be too rich for some of you to drop a bag. but, i figured i’d throw it out there.

:yeshrug:
I had that for a few months now, it's not too late if you go in with a few thousand to turn atleast a 10x but not sure how long that'll take.
 

ORDER_66

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Anything new fellas?!?:mjgrin: I wish i had some off hand money ICP damn near under $10 :wow: it always happens after payday...
EDIT: Scratch that it went back up to $11 :dead:
 
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